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The key points of this takeover are: Around 210 BASF employees, 110 of them in Asia, will transfer to Stahl...
Tanning group PrimeAsia has promoted Sarah Swenson to the newly created position of chief sustainability officer. An environmental engineer, Ms Swenson joined the company in 2011 and has worked since then as its environmental manager.
According to annual fiscal report released by the Li-Ning Group on 23 March 2017, sales revenue in 2016 saw an increase of 13% to 8 billion yuan, earning net profit of 643 million yuan. This is the third consecutive years for the group to reakise profits.
China is one of the important markets for Brazilian leather and eight Brazilian leather companies headed by The Brazilian Leather Project plan to visit China to promote leather exports.
The French company, best known for its £8,000 Birkin bags and £300 silk scarves, posted a 13% rise in profits to 1.1bn euros (£952m).